2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

United States-Dominican Republic Trade: In 2022, United States exported $13.7B to Dominican Republic. The main products that United States exported to Dominican Republic were Refined Petroleum ($2.42B), Petroleum Gas ($1.37B), and Crude Petroleum ($740M). Over the past 5 years the exports of United States to Dominican Republic have increased at an annualized rate of 11.7%, from $7.88B in 2017 to $13.7B in 2022.

In 2017, United States exported services to Dominican Republic worth $2.38B, with Transportation ($930M), Travel ($918M), and Financial services ($198M) being the largest in terms of value.

Dominican Republic-United States Trade: In 2022, Dominican Republic exported $6.85B to United States. The main products that Dominican Republic exported to United States were Medical Instruments ($1.18B), Rolled Tobacco ($952M), and Low-voltage Protection Equipment ($791M). Over the past 5 years the exports of Dominican Republic to United States have increased at an annualized rate of 6.67%,  from $4.96B in 2017 to $6.85B in 2022.

In 2022, Dominican Republic did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Company data: In 2023, leading companies such as Del Monte Foods (6.21k), Ayco Farms (3.59k), and Family Tobacco Traders (1.81k) were at the forefront of exporting goods from Dominican Republic to the United States. Conversely, Bandegua S A (2.85k), Agrobassy Y Compania Limitada (2.55k), and Hayco Dominican Republic (1.8k) were notable for importing products to Dominican Republic from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $13.7B to Dominican Republic. The main products exported from United States to Dominican Republic were Refined Petroleum ($2.42B), Petroleum Gas ($1.37B), and Crude Petroleum ($740M). During the last 5 years the exports of United States to Dominican Republic have increased at an annualized rate of 11.7%, from $7.88B in 2017 to $13.7B in 2022.

In 2017, Dominican Republic exported $6.85B to United States. The main products exported from Dominican Republic to United States were Medical Instruments ($1.18B), Rolled Tobacco ($952M), and Low-voltage Protection Equipment ($791M). During the last 5 years the exports of Dominican Republic to United States have increased at an annualized rate of 6.67%, from $4.96B in 2022 to $6.85B in 2017.

Exports from United States (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Dominican Republic
Top Destination
United States$6.85B

This map shows whether countries import more from United States or Dominican Republic. Each country is colored based on the difference in imports they receive from United States and Dominican Republic or the difference in the growth in imports.

In 2022, countries that imported more from United States than Dominican Republic included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Dominican Republic than United States included Saint Barthélemy ($260k).

Difference in imports from Dominican Republic (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Dominican Republic

Flow
Scale

This chart compares trade between United States and Dominican Republic by product, considering products traded by both, United States and Dominican Republic.

During 2022, United States had a large net trade with Dominican Republic in the exports of Mineral Products ($4.77B), Machines ($1.56B), and Transportation ($959M).

During 2017, Dominican Republic had a large net trade with United States in the exports of Foodstuffs ($1.49B), Instruments ($1.26B), and Machines ($1.16B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Dominican Republic+$23.8MCoal Briquettes
Top Product Potential Dominican Republic United States+$75.7MGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Dominican Republic. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Dominican Republic. Similarly, a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Dominican Republic (Flag) (2022)

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